MineCore International, Inc. (OTC: MCIO) recently re-established its corporate status in good standing with the state of Delaware. On Friday, the company saw a rise of 360.53%.
MineCore is ordered to be a reporting Issuer and will be filing an 8K with the U.S. Securities and Exchange Commission (SEC). The 8K filing can be reviewed by any Edgar reporting agency. MineCore is currently in the final stages of preparing its financial statements.
MineCore is an exploration company as defined by the SEC Industry Guide 7. Through its subsidiary, Platinum Works, Inc. the company is active in the development and exploration of sapphire bearing concession in Madagascar. The mission of the company is to successfully identify, acquire and develop mineral properties with plans to commence mining operations, as well as develop consistent growth with profitable operations. The company hopes to bring its sapphire operations in Madagascar into production through a strip mining operation in 2009 upon successful financing to sustain operations and administration costs.
MineCore also engages in the construction and professional services sectors, and has assets that include 15,000 square hectares of sapphire bearing property in Madagascar, 1,000 hectares of ammolite bearing property in Canada, and 520 hectares of gold bearing property in Venezuela.
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